Price is ripe: Study finds increase in menu prices means decrease in restaurant ratings

Price is ripe: Study finds increase in menu prices means decrease in restaurant ratings

Businesses beware: A price increase for carryout or delivery food means an increase in negative reviews — and a downturn in restaurant reputation, if not demand. And it’s notable that in these COVID-19 pandemic times, an exponential amount of business is being conducted via carryout or delivery. A pair of business researchers, from Washington University […]
Research and new developments

Research and new developments

The 2020 RQ50, highlighting the 50 companies whose R&D is most productive, were unveiled Sept. 8 at The Industrial Innovation Path to Economic Recovery Conference hosted by the Boeing Center at Washington University in St. Louis. The unveiling coincides with research forthcoming in the Journal of Financial and Quantitative Analysis.
Ways to find business opportunity from crisis

Ways to find business opportunity from crisis

The coronavirus pandemic has shattered and shuttered businesses. As businesses gradually continue to reopen across the United States, three Olin Business School experts at Washington University in St. Louis offer insights into potential opportunities that could help businesses to emerge from the economic storm.
Recessions, like earthquakes, are impossible to predict confidently

Recessions, like earthquakes, are impossible to predict confidently

Some economic observers continue to warn about signs of a potential U.S. recession. Glenn MacDonald, the John M. Olin Distinguished Professor of Economics and Strategy at Olin Business School at Washington University in St. Louis, says many signs aren’t particularly reliable — but keep an eye on housing starts.
Invite consumers to pop-up, and pop goes the spending — offline and online

Invite consumers to pop-up, and pop goes the spending — offline and online

Two Washington University in St. Louis researchers, along with a former fellow Olin Business School faculty member and Alibaba officials, flipped the pop-up business model, and possibly more. The co-authors found that inviting potential customers via text message could increase buying with both a pop-up shop retailer and similar product vendors online … for weeks and months to come.
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